Hedge Funds

Why Eisler Capital’s shutdown was always on the cards

Hundreds of millions of dollars in costs made it difficult for the multi-strategy hedge fund to keep going, insiders say

Smaller pod shops are facing a host of pressures, with one of the City’s highest-profile names confirming its closure
Smaller pod shops are facing a host of pressures, with one of the City’s highest-profile names confirming its closure Photo: Getty Images

Eisler Capital was living on borrowed time before calling it a day this week.

Insiders say an inflated cost base, which had run to more than 5% of its assets under management, meant the London-based multi-strategy hedge fund’s closure was inevitable.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink